ME Bank (ME Go)Home Loan
ME Bank EconoME Home Loan
Offered by ME Bank (ME Go)
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Key Product Facts
Variable rate
6.24%
Fixed rate
8.19%
Comparison rate
7.94%
Product overview
ME Bank EconoME Home Loan
Is this product competitive?
There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.
Advertised rate
6.24%
Comparison rate
7.94%
How much would $50,000 cost?
Example repayments based on borrowing $50,000 at the displayed primary rate over the product's available maximum term.
Example amount
$50,000
Estimated repayment
$4,308.84/ month
Example term
1 year
Illustration only: this calculation assumes a constant rate and regular monthly principal-and-interest repayments. It does not include all fees, charges, insurance or other costs, and the actual repayment offered by the provider may differ.
Estimated total repayments
$51,706.07
Estimated interest
$1,706.07
Key product details
- Category
- Home Loans
- Subcategory
- Home Loan
- Purpose
- INVESTMENT
- Repayment type
- INTEREST_ONLY